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(1:48) In This Episode: Risk Intelligence
How do you think about risk? Risk intelligence is one of the most important differentiators between successful businesses and mediocre businesses. It’s not enough to simply think in terms of high-risk tolerance and low-risk tolerance. In this episode of Remodeling Mastery, Mark will explain the concept of risk intelligence and why it is different from risk tolerance. Join Mark as he discusses seven questions you need to ask yourself to determine your risk intelligence. He also gives tips on how your business can deal with risk better.
(17:19) Thought Leader Interview with Kermit Baker, Project Director for Remodeling Futures Program at Harvard University
Kermit Baker is the Project Director of the Remodeling Futures Program at Harvard University and he is also the Chief Economist for the American Institute of Architects in Washington, D.C. Join Kermit and Mark as they discuss where the remodeling industry is heading. They discuss the state of the remodeling market in 2020 and beyond, potential challenges and issues and more.
“When we sit in this housing bubble, things look pretty rosy. But I think if you get outside that bubble for a minute you see a lot of potential risks out there. Number one is the economy grew in 2018 in about 2.7, 2.8% and last year grew about 2.3% and this year it’s projected to grow in under 2%.”